The Board of Directors of the Political Film Society held a meeting at the time, on the day and at the place set forth hereinbelow, pursuant to Rule 12 of the Rules of Procedure:

TIME: 8:47 a.m.
DATE: March 1, 2004
PLACE: 8481 Allenwood Road, Los Angeles.

Present at said meeting were the following persons:
· Michael Haas, Chair & Chief Financial Officer of the Political Film Society
· Vorathep Sitthitham, Vice President and Secretary of the Board of Directors

The following named persons served as Chair and Secretary of the meeting:
· Chair: Michael Haas
· Secretary: Vorathep Sitthitham.

The first order of business was to approve the Minutes of the meeting of the Board of Directors held on February 1, 2004. The motion carried.

The second order of business was to count ballots to determine the top nominees from among the films nominated throughout 2003 in four categories. The count revealed the following:

Democracy: Shattered Glass (Billy Ray, director)
Exposé: Veronica Guerin (Joel Schumacher, director)
Human Rights: The Magdalene Sisters (Peter Mullan, director)
Peace: Sandstorm (Jag Mundhra, director)

There being no further business to come before the meeting, upon motion duly made and unanimously carried, the meeting was adjourned at 8:55 a.m.

Chair: ________________________________

ATTEST:______________________________